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Maryland Manual, 1915-16
Volume 126, Page 303   View pdf image (33K)
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CERTIFICATES OF INCORPORATION. 303

(d) The place in this State where the principal office of
the corporation will be located.

(e) The total amount of capital stock, if any, of the pro-
posed corporation and the number and par value of the
shares; and the restrictions, if any, imposed upon the transfer
of the shares. And if the capital stock is to be classified un-
der the power hereinafter granted, the certificate shall state
how much of said stock is to be preferred and the preferences,
voting powers, restrictions and qualifications of the preferred
stock.

(f) The number of trustees, directors or managers, which
shall not be less than three; and the names of those who shall
act as such for the first year or until their successors are duly
chosen and qualified.

(g) Any provisions which may be desired, for the purpose
of defining, limiting and regulating the powers of the corpora-
tion, and of the directors and. stockholders or any class of the
stockholders; provided, such provisions are not contrary to
the law of this State or inconsistent with any of the terms and
limitations of this article.

SEC. 4. After the certificate is acknowledged before a Jus-
tice of the Peace, his official character shall be certified by the
Clerk of the Circuit or Superior Court under his official seal;
every certificate shall be submitted to one of the Judges of
the Judicial Circuit in which the principal office of the cor-
poration will be located, and shall, if such certificate is exe-
cuted in conformity with law, certify that fact thereon; when
so certified such certificate shall be delivered to the Secretary
of State, and upon payment (and not before) of the record-
ing fees hereinafter provided for, shall endorse thereon the
date and time of receipt and promptly record the same in a
book to be kept by him for that purpose, and shall also issue
to the corporation so formed a certificate under the seal of his
office, certifying that the corporation possesses the powers and
authorities granted under the certificate of incorporation and
the laws of the State of Maryland. Upon receipt by the Secre-
tary of State of such Certificate of Incorporation and record-
ing fees, the Secretary of State shall transmit to the State Tax
Commissioner an abstract of such Certificate of Incorporation
showing the incorporators and directors, the name of the cor-
poration and the amount of the capital stock authorized, which
shall be recorded by the State Tax Commissioner in a book
kept for that purpose. At the time of receiving such certifi-

 

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Maryland Manual, 1915-16
Volume 126, Page 303   View pdf image (33K)
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